Retail Business for Sale in Glocester, RI
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Glocester, RI 02814
Description
The offering represents a rare opportunity to acquire a long-term, corporately guaranteed CVS Pharmacy lease in Glocester, Rhode Island. The property is leased on a Zero Cash FLow NNN basis, with approximately 10 years of term remaining through January 2035. Once paid off this lease provides a fixed income stream with positive cash flow and equity value from day one. The monthly rent of $34,248.26 is backed by CVS corporate credit, offering investors security and reliability. Situated along a key commercial corridor in an affluent and supply-constrained trade area, the property enjoys strong visibility, long-term viability, and minimal landlord responsibilities. This asset is well-suited for passive investors seeking long-duration credit tenancy, management-free ownership, and secure income. Investment Highlights: • Corporate CVS Pharmacy – Absolute NNN Lease • Zero Cash Flow takeover option • Stable Essential Retail Location Serving the Trade Area
Market Context
This retail in Glocester, RI is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Glocester, RI — <a href="/search/sale/retail/rhode-island/glocester">view the full market</a>.
Contact
- Austin Williams · (801) 736-2621 · austin.williams@marcusmillichap.com
- Thomas Shihadeh · (617) 896-7220
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